Current Amortization Schedule is Showing Zero (Doc ID 1502097.1)

Last updated on FEBRUARY 23, 2015

Applies to:

Oracle Loans - Version 12.1.3 and later
Information in this document applies to any platform.

Symptoms

The Current Amortization is showing 0 in all the fields when the loan is in a Incomplete Status.

After approval of the Loan, the Current Amortization is showing 0 in all the fields up to the current month (ie. October-2012).
And the next month (ie. November-2012) onwards the amortization details is present.

The Loans which were created in 11i and migrated to Release 12 in Incomplete status, after approving them in Release 12, are showing wrong information.

The Loans created in Release 12 only are having this problem.

The Loans which were created in 11i and migrated to Release 12 in Active status are showing perfect Current Amortization.

Cause

Sign In with your My Oracle Support account

Don't have a My Oracle Support account? Click to get started

My Oracle Support provides customers with access to over a
Million Knowledge Articles and hundreds of Community platforms